Create a balance sheet with this trial balance

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Reference no: EM131091183

Create a Balance Sheet with this Trial Balance:

 

Debits

Credits

Cash

$713.083

 

Inventory

$1.500

 

Prepaid Rent

$11.000

 

Prepaid Insurance

$8.000

 

Cost Goods Sold

$78.500

 

Accounts Receivable

$60.000

 

Equipment

$300.000

 

Rent Expense

$1.000

 

Interest Expense

$417

 

Salary Expense

$30.000

 

Depreciation Expense

$36,000

 

Utility Expense

$1,500

 

Accumulated Depreciation

$36.000

Sales Revenue

 

$120.000

Account Payable

 

$30.000

Notes Payable

 

$50.000

Deferred Renvenue

 

$5.000

Commcn Stock

 

$1_000.000

Total

$1.241,000

$1.241.000

Reference no: EM131091183

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